Cartel Digest

Cathode Ray Tubes and Color Display Tube

Cathode Ray Tubes and Color Display Tube
  Overall Cartel Period 1996-2006
  Participants Samsung SDI Company; Chunghwa Picture Tubes Ltd.; Chunghwa Picture Tubes (Malyasia) Sdn. Bhd.; CPTF Optronics Co., Ltd.; LG Philips Display Korea Co., Ltd.; Samsung Electronics Co., Ltd.; LG Philips Display Korea Co., Ltd.; MT Picture Display (Malaysia) Sdn. Bhd.; MT Picture Display (Thailand) Co., Ltd.; P.T. LP Displays Indonesia; P.T. MT Picture Display Indonesia; Samsung SDI (Malaysia)
  Total Fines (DOJ) $32 million
  Total Fines (EC) €1.4 billion

In 2007, various enforcement agencies conducted a raid on manufacturers of cathode ray tubes, which are used in computer monitors and televisions.  The cartel period ran from at least as early as 1997 until at least as late as 2006 according to the U.S. Department of Justice.  In 2012, the European Commission (“EC”) fined seven groups of companies more than € 1.4 billion for their participation in two distinct cartels in the cathode ray tubes sector—one cartel concerned color picture tubes used for televisions and the other involved color display tubes used in computer monitors. 
 

Enforcement Highlights:

  • Korea imposed a fine of approximately ₩24 billion on Samsung SDI Co. Ltd. for Samsung’s price-fixing activity in the industry

 

Company Conspiracy Period Fine (USD) Plea Date No. of Excluded Individuals Plea Agreement
Samsung SDI Company 1/97-3/06 $32 million 05/17/2011 4 Plea Agreement
Korea
Company Fine Date
LG Philips Display Korea Co., Ltd. No fines imposed
Chunghwa Picture Tubes Ltd. ₩ 2.1 billion
Chunghwa Picture Tubes (Malyasia) Sdn. Bhd. ₩ 32 million
CPTF Optronics Co., Ltd. ₩ 28 million
Samsung Electronics Co., Ltd. ₩ 24 billion
Japan
Company Fine Date
Samsung SDI (Malaysia) ¥ 1.3 billion 03/29/2010
P.T. LP Displays Indonesia ¥ 932 million 03/29/2010
MT Picture Display (Malaysia) Sdn. Bhd. ¥ 650 million 10/07/2009
P.T. MT Picture Display Indonesia ¥ 580.3 million 10/07/2009
MT Picture Display (Thailand) Co., Ltd. ¥ 566.1 million 10/07/2009
LG Philips Display Korea Co., Ltd. ¥ 151.4 million 10/07/2009
Europe
Company Fine Date
Chunghwa Immunity
Samsung SDI € 150.8 million
Philips € 313.3 million
LG Electronics € 295.6 million
Philips and LG Electronics € 391.9 million
Technicolor € 38.6 million
Panasonic € 157.4 million
Toshiba € 28 million
Panasonic, Toshiba and MTPD € 86.7 million
Panasonic and MTPD € 7.8 million